what is going on guys Patrick here
bringing you a brand new video today we got another killer video for you guys
full of information we’re gonna be talking about the death cross where are
the markets headed I don’t see a lot of people talk about this so I’m gonna
cover that because so many of you guys have been asking before we get started
though guys if you guys want to enter a chance to win the giveaway all you guys
have to do I’m gonna leave the instructions and rules in the comment
section but all you guys have to do to win is number one be subscribed to the
channel if you guys have not subscribed yet number two follow my Instagram it’s
at Patrick casino 11 right here if you guys have an Instagram and number 3 if
you don’t that’s fine and number three leave a comment on the video saying
something related to the video and then leave your Bitcoin wallet address that’s
all you guys have to do to enter a chance to win the giveaway to win some
free bitcoins so why not go ahead and do that let’s jump right into the video
though first thing first we saw brick we’ll do this yesterday we’re seeing oMG
and Vitalik also do this today so they donated $1,000,000 in crypto to charity
now this is again a smart marketing move in my opinion to kind of push the
cryptocurrency name and seeing see it being used for good things other than
what’s being other than like the thoughts people have of it now I’m in a
bunch of scams that people think that cryptocurrency is maybe this is going to
give them more positive insight on what cryptocurrency is so more people will
take the time in to research it and figure out what exactly is going on
number two I’m gonna run through the news very quickly cuz that’s not the
important part of the video that’s not what you guys are here for but number
two is the Bank of England is gonna test blockchain features for new payment
system again more people adopting the blockchain technology realizing that
it’s significantly better than what we have going on right now so the Bank of
England is going to test that out and hopefully again they come out with
positive results and it’s gonna show the whole world that they’re missing out if
they’re not currently investing and looking into these you know this new
technology so again a good adoption point and the last article is BitFenix
wants to move to Switzerland I like this because I personally I personally a big
fan of Switzerland I think currently they’re in the British Virgin Islands I
think moving to Switzer is a good idea I think they’re going to
do better there than the fifth-largest crypto exchange so wanted to shout that
out that looks like a very good idea now let’s go to the markets because today
isn’t a day for news today is a day for the markets we dropped under 300 billion
dollars in market cap I just hit the refresh button so let’s see what it
actually comes out to two hundred and seventy seven billion bitcoins almonds
at forty five point six percent so I get a Bitcoin holding its value pretty up
better than other altcoins that’s why the dominance is going up in
the week bitcoins only down fourteen point three percent a lot of all coins
are down a lot more you see the likes of Neil down 23% at fifty three dollars if
theory I’m almost under for a hundred dollars that’s a painful because for
some reason I have some etherium that I should have sold into something else I
don’t know why I didn’t I was a dumb move on my part I should have sold it
for some more neo and stuff like that because I’m just personally don’t want
to hold too much aetherium I would rather hold other things but that’s a
shame however we have coins like Tron which we’re gonna talk a little bit
about today up 33 percent in the week and eight percent in the day so you guys
know again don’t be fooled by this because charlie isn’t an exception to
the market what’s going on is that Tron has their big releases coming up you
know Exodus test net beta all that’s coming out and it’s a lot of stuff so
they’re going to increase in price they’re currently have four point eight
cents you guys can see Justin is tweeting about getting them back in the
top ten currently Tron is number 10 so Tron
breaks top ten that’s crazy congratulations to Tron they were at
14th for a while now with all the good news in the 33 percent increase while
everyone else is falling they managed to climb their way back up so good job a
Justin’s son and the Tron team congratulations and the test net this
was 11 hours ago so – 2 days 50 hours now it’s like 39 hours life’s one and a
half days until the test net is launched I’m very excited for that again we’re
gonna see prices go up these are points for those of you who got in early let’s
go to three months chart those who got in not early feel those you got in here
at the low point of the market overall then you guys are enjoying some nice
Tron profit Tron although up to four point eight cents and
hopefully continue this climb now be careful if you’re a long-term holder
you’re gonna be fine if you’re a short-term trader
be careful holding on for too long because what might happen is after all
that occurs and triangles up and a lot of people make profit people are gonna
look some people are gonna look to sell and Tron is one of those coins that had
such a big run-up over here that it’s possible it’s very very possible that
it’s going or it is going to have a rough time climbing back up simply
because a lot of people are gonna sell one at their break-even point because
they’re scared that’s it the weekends that haven’t sold you know not week
they’re not as week of the weekends but they’re little stronger than the
weekends they are going to sell when they break even over here now again this
is also a typical pattern though I’ve seen with a lot of ICO so what happened
was Tron had a big run-up right they have no product long they don’t
have any product up they don’t have anything they’ve had a huge run-up
correct it back down and this is the entry point people usually look to get
in before the curve the future when things start actually happening the
developing team starts you know launching stuff and everything starts
falling into play now this doesn’t happen every time of course it has to be
the right coin and the good coin but a lot of ICL’s follow this this type of
thing when people a set a pattern and it’s called the Jaykar but if follow it
likes the high coj curve I saw Ian ballina actually posted about this today
so it’s kind of why I want to bring it up but definitely something to keep an
eye out just because this happened once doesn’t mean we can classify it as a
pump and dump it’s definitely possible that when everything gets released we
start seeing some nice movements and more movements on Tron and seeing some
you know higher prices I’m not saying that’s going to happen I’m not a
financial advisor this is not financial advice I’m just saying it wouldn’t be
out of the question to say that that is something that could happen we could go
back up and test all-time highs once everything gets launched if people start
using it people start seeing it in the coming years right and this is years
down not tomorrow but anyways the moment you guys have been waiting for let’s
talk about the Bitcoin Dec death cross what is the Bitcoin death cross so I
actually got a picture for you guys right here to make it super simple the
bitcoin death cross is when just the death cross is when the 50-day
moving average where you guys can see as the red line it crosses the 200-day
moving average the 200 movie day average is the green the red is this one right
here you guys can see they’re getting very close to crossing now and when they
cross um when they cross with a 50 50-day moving average from above crosses
down it’s a bearish pattern and that’s
basically all the death cross is that’s why you’ve been hearing it sounds a lot
worse than it actually is if anything if history shows if people do their
research before you know saying a bunch of fun the death cross is usually the
symbol of nearing the end of a bear market that’s usually what happens and
following that obviously once it crosses price may continue to go down
Jim simply because people are scared but after that usually not too long after
price is correct and this happened I believe the last time Bitcoin had a
death cross was in 2015 I want to say September if I remember correctly and
what happened moving on to August is it doubled its price so definitely
something to look into it’s something to stay cautious about something to plan
now obviously we can’t tell where the where bitcoins going at any time so the
best thing you can do is prepare your portfolio correctly with what you want
for the long term I’m a long-term investor so I don’t like too many
short-term trades so plan for the long-term build your portfolio with the
coins you think are valuable and you think are gonna be here in 2 3 4 5 6
years that is step one and number two is adapt and kind of play with what you’re
given right so what happens so whatever happens in the Bitcoin and
cryptocurrency market then you adapt to that and you play that way because
predicting things isn’t always going to work out now you guys can see we
actually dipped under the resistance and the support of the resistance triangle
right here that were intersecting here we actually dipped under that so because
of all the news I came out to Twitter and everything we’ve actually dipped and
it’s not great now it depends on where we end today if we end today here then
we very well could be seeing Bitcoin drop down to $6,000 I’m not saying it’s
out of the question also with the whole deathtrap thing that’s all people are
hearing the name sounds pretty terrible deathtrap that sounds pretty terrible
it’s not gonna give people a lot of confidence in
market when they hear word like deathtrap but now you guys are informed
of what death traps are what a death trap is and kind of what usually tends
to follow suit and that’s also why I like to tell you guys I’m personally
buying on the way down in pieces like you guys know I say this all the time
I don’t take all of my money and chuck it somewhere I like to buy in pieces
especially during the bearish market I like to just confirm you know maybe
it’ll go up and I’ll buy a little more expensive next time but I would rather
play that risk then putting everything in at one time and then everything
falling and then me having to deal with that I’d rather buy it in pieces on the
way down and then when it goes up and passes everything that I’m just in pure
profit but that’s kind of how I like to play it so this way I bought some big I
spot some cryptocurrency here if it drops I will buy some more
cryptocurrency here could taste a job I will buy some more cryptocurrency here
right because I’m not putting all of my money in at this level so I’m kind of
buying it in pieces that’s very important because that way you know
you’re gonna be safer in your investments you’re gonna invest on the
way down dollar cost average then maybe if I buy some here some here and some
here in the same amount then my average is here so anything past here I’m in
profit instead of having to be past here I’m very simple explaining but that’s
kind of how I’m doing so guys hopefully you guys enjoyed this video if you guys
did don’t forget to leave a thumbs up hopefully you guys have a little more
confidence in everything right now you understand what’s going on you know what
the death cross is you know what tends to follow suit with a death cross so I
would recommend not panicking whatsoever relax
positivity in the cryptocurrency markets it’s still so early if you were to
stress out over everything we’d all lose years off of our lives so it’s all about
being positive be happy have a wonderful day guys thank you so much for watching
I’ll see you guys tomorrow for another video


    FREE Facebook Group:
    **DISCLAIMER**: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.

  2. TRON would already be much higher if it wasn't for this nonsense attack of bitcoin. Sure, bitcoin is setting up for a rally, but it's slow in coming. It may reach 6 or even 5k before a true rally, but I really doubt that, but still. It does appear to be being manipulated causing hesitation to buy.

  3. So many people didn’t know enough about taking profits when it made its big run. I am one of them.
    BTC: 14Pc2GURZECgUHn4sU8tWehnLz9rWwNYC1

  4. Death trap! Yeah it sounds worse than it is.
    Currently I’m holding the following, any suggestions on what to get more of or other coins.
    Trx 75,000
    Xrp 2,500
    Ncash 45,000
    Neo 16
    Ada 25,000


  5. Good thing i Got a lil bit of Tron for short term gains. Still hodlin my NCASH and GVT… Planning to buy ETHERIUM in the next few days


  6. Good inspiration for lots of people, hey check out vprc telegram see if you think it’s true that they are saying going to be listed on binance and bitrex thanks Btc. 3NtWFH6h7pWZfQrdLDCC7ynZPDV6rHvr7k

  7. I’m more of a pump and dump with TRX see if I can make a profit cause I know it’s gonna go back down after all the excitement is over..then if I make a good profit I’m gonna buy more and hold for the long run..


  8. Its all uncertain. But be confident in the projects you support. One day it will pay off.


  9. I hope we hit $6,000!!! I’m ready this time. i have lots of fiat right now to buy the dip

  10. Thanks for the heads up. Keep it up. Death trap sucks but I believe we will recover. 1L6QJREGBkvMdamM45RgFBSBPvSfHEjq4d

  11. The more I see people worried about it the more i'm convinced it's a bear trap.


  12. I'm becoming more convinced of the death cross bear trap theory. All it needs is some whales to agree on it.

  13. “Capitulation” , when investors reach a state of hopelessness and sell their stocks or cryptos at the bottom. When this stage is reached, it signals the bottom of the price decline. If you are still holding your cryptos, you won, enjoy it. I watch every one of Your videos. They are my personal favorite. 1AQTi26v4QNKWkTHm2r9ThQN9zNaPVShn8

  14. I'll be holding all my Tron except, for my original invested amount. When it goes up. I'm in for a long hold. I like that sun kid!!

  15. The bottom is between 5000 and 5850 USD , I know you want Bitcoin to skyrocket again but not now. And those with less intelligence listened to you will lose money 100% sure. 133GGnvmNFr8MyYCy6FG7xX6FDw9UQpfsc

  16. Not too worried about the "death cross" I'm more worried about the whales price manipulating TRX. I'm hoping they all get out before the mainnet launch so it is free to rise so the rest of us can make some money.3KQS1LKyGXXbykUtgFDVpT3c581JJ81pGQ

  17. I recommend selling your ETHER. It's gonna go to zero by the end of the year. Buy Neblio. It's going to $100 by the end of 2018. =)

  18. People who are complaining about crypto is crashing, shouldn't be in
    crypto or invest in anything at all. You're in crypto because you
    believe in decentralization and the idea behind it all.  1FkKXLdKVa9qEGzJEtr1MSNYRcBoiKPCCm

  19. Been dollar cost averaging since Ethereum was at 550! I'll definitely be thanking myself in a couple months!

  20. I think we are going down to 6000. But that doesn't bother me. That means I'm buying! Good stuff Patrick! 3HCrK2rXGq3FzKwmwtKeSfJMxdzAtn55mW

  21. This is Great this allows people like me to buy more. IF it succeed I Will be thrilled. IF not i wont regret it.   18cmTwZzBhrwFKbDyCdzo7ddeBpMu8gxGN

  22. Nice bit of info buddy. Do you think the price will go up straight away or is it more likely to do the j style curve were the the usual day traders dump at a small increase causing a dip then a climb ? Just something I read recently!

  23. Perfect time to expand portfolio. TRX for $0.075 moonshot.
    Cheers from Philippines! 😁🙌🇵🇭

    Btc add:

  24. I have a feeling we are gonna find a support a little lower than the last bottom and it will be a bear trap and start to see a big bounce and say good Bute to these low lows well that's what I hope haha
    Do you hold any bnb ?

    Thanks for the vid


  25. Great presentation on dead cross but I think it is all the FUD. Glad I sold all my ETH for Tron last week. I think ETH will go down and BTC will go up after the FUD. THE NEO is the next ETH. TRON scale is about .50 to $5 starting 2019 to 2025. You have to hold to believe in it.
    BTC: 18Si3SSyihkXiX3hykPV2qQ1afZaMUtcSi

  26. Tron should replace XRP. Also Ncash should be higher. Those 2 staying steady. XRP should drop to #100 #200. Cant believe xrp is dropping that much. Thanks for vid. 1BD64gbTt3LMfgumPAvSSxwsHS5bW5eQTm

  27. Tron is the only thing keeping my portfolio alive (60% losses thanks to ETH,LTC,XRP,XLM losses).
    btc: 1FTXLXy5GmtJiZ8j5yDfgSuNdW2DQAHXEG

  28. crypto is for longterm…. don't look for every 15 mins and get depressed…..

  29. things are starting to look really good for tron and us holders keep up with the great videos and news for us thank you sir 1GYacjZPGkbaboa12L4iGeTsqosK5vjo3k

  30. I'm loving the drop because I wanted to buy in a week ago but it was showings signs of an uptrend. Now I'm happy with my bags! BTC 3CZwpAT2aNZ4SvJALDB2ozHCTJFoAVQcXv

  31. Great info on the 'Trap', now I know more…thank you! Have lots of Tron hoping it does well and I'm staying confident….1LMYrgJvoq9whRPrTUf9iZbjMKMcLwLTZz

  32. I know nobody knows, but with everything you know about crypto, do you think the market will rebound to the point it was at a few weeks ago?

  33. Here is my prediction, there will be only one crypto currency which will not fall down badly, that one is TETHER. LOL 😉

  34. well here we are the end of the month is here and the market is still crashing. tron has dropped a cent from when i started watching this video this afternoon and bitcoin fell almost $1,000. I was hoping for a .10-.20 tron in the nest couple of days so i could sell my profit and buy me some Neo. Ill be happy if tron hits .07-.10 at this point much more than that i believe is a far shot. Thanks for the explanation on the death cross and your technical analysis insight. 0xa2169346a0d56927216c19e682d8e9dbf52d70a8

  35. New to crypto, and FOMO'd into TRX at $0.047. Hoping to make some profit in short term. If not, I'll HODL cuz I believe in TRX project overall.
    BTC: 3FPSoKzTF5oKotjmQfmL66gnpooqGWHSK2

  36. crazy up down up down today. trying to buy more tron when it's low on these 1 minute dips is driving me nuts. I know it's gonna double or triple by sunday.

  37. Pretty happy with Tron been my small change go to for a while, decent bag now…

    Cheers for the video as always.


  38. PLEEEEASE trx i think 7cents is possible in the next days 🙂 im excited hehe
    btc : 1MLJqGYDE3Co5SFpUAaYDQnfDxezAyM2WL

  39. ETH will bounce back in my view.. TRX has been a surprise… See how it goes from here…


  40. Love your videos! I believe Sad we drop market cap .. no more money to buy 🙁 . Have a good day.BTC = 126v3er1ZbPGCQFydz8KvVaymi1qjSMr1S.

  41. Im just waiting on the tron to for it to moon soon, or if it doesnt i dont mind buying afew more trons whennit drops again which will then give me more trons at a cheaper price to see it go up in the long run 🙂 always be positive about every trend.
    Bitcoin wallet address: 1Coqfx9794hTvSpwKavTpzBk6pF2vWhgSq

  42. Think was watching a scandanavian black metal music video there DEATH TRAP, DEATH TRIP, BUY IN PIEEEECEEESSSSS, haha just kidding man great work as always


  43. The bull would come soon and I will make a lot of noise!!! Btc address is. 16m9ErqjDfV49iBuyyEHk4ycnxVdTjxHR7

  44. I think BTC will bounce back strong, around a month or 2 after the death cross.

  45. None of this matters..while we have to still convert our trx to bitcoin then usd…we're fucked…bitcoin is now being manipulated by mass investors (government ) as they are trying to regulate it…look at the price today 7k thanks you cunts….leave our coins alone the banks and government are just fucking it all up…….

  46. Great video!!
    I always dollar cost average. Just because its everytime when I get paid 😂

    Hopefully we follow sep/oct 2015 with a bull run

  47. Perspective Tеlеgram сhannеl wherе AIRDRОPs arе рublishеd evеry day @airdrop_yes AIRDRОP = at nо сost distributi0n оf tоkens to everyonе from different IСO. Giving 0nly 5-7 minuТes реr daу оn rеgistrаtiоn in different АIRDRОР it is рossible tо rеcеive 1ОО-3ОО dоllars реr dаy

  48. i was losing my shit during this crash, until i was reminded that weak hands sell. great info on the death cross. thanks for the positivity!


  49. Lemme tell ya: "The bitcoin this year won't make many X-es! It will maximally grow up by 2-3 times". It is better to invest in such perspective coin as TRON! It has a great potential growth! Now there is an airdrop https://tron-airdrop. info

  50. Are you stupid, ugly and diffident man? Then become rich and get some joy in living! The avenue to wealth is a TRON-coin. It will make x500 this year! They have a giveaway of tokens now https://tron-airdrop. info

  51. Make a screenshot of this message! TRON will grow minimally by 50 times in 2018. Participate in Airdrop TRON https://tron-airdrop. info

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